COFFIN, Circuit Judge.
Osvaldo Cardona executed three demand notes payable to the order of Banco Credito y Ahorro Ponceno (hereinafter "Banco Credito"). The first of these notes was made July 12, 1968, in the amount of $85,000 with interest at 8 percent; the second was made January 13, 1970, in the amount of $20,000 with interest at 9 percent; the third was made July 10, 1971, in the amount of $35,000 with interest at 8 percent.
Neither the maker nor the payee...
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